54
54
Dec 28, 2012
12/12
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i hope you are working on the fiscal cliff. mr. speaker, lamentably and must tell them we are not working. we are not here. we're not addressing the challenges i have just mentioned. mr. speaker, i would hope that the speaker of the house would call us back immediately to address these challenges. we have four days left before the end of this year. before all those items that i spoke about expire. the sequester happens the second of january. we ought to be working here, mr. speaker. we are not. this is a pro forma session. as a set at the beginning, a pro forma session is a session without substance and without solutions. i would urge the speaker of this house to call us back into session, to do what america expect us to do, address the challenges and find solutions. come to agreement. make compromises. make democracy and america work. give confidence to our people and to our economy. i hope, mr. speaker, that the speaker will do that. and will do it today. i yield back the balance of my time. [captioning performed by national capt
i hope you are working on the fiscal cliff. mr. speaker, lamentably and must tell them we are not working. we are not here. we're not addressing the challenges i have just mentioned. mr. speaker, i would hope that the speaker of the house would call us back immediately to address these challenges. we have four days left before the end of this year. before all those items that i spoke about expire. the sequester happens the second of january. we ought to be working here, mr. speaker. we are not....
90
90
Dec 27, 2012
12/12
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eye 90
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on the fiscal cliff, how does that affect people that are selling? guest: the capital gains tax rate will be rising to 20%. there is an exemption. the first half million dollars will not qualify as additional capital gains. for most homeowners, if we have fiscal cliff, the selling of the home, there will not be a cowboy gains taxes associated with it. -- capital gains taxes associated with. that would fall under the exemption of half a million dollars for most families. host: we have a tweet from boringfileclerk. guest: enlarge tax increase and large number of middle class families and they will be hesitant to buy a home. it will certainly not help the housing market recovery. host: are subprime loans still being marketed? guest: for a subsection of the population, perhaps it is -- say a young couple, one is a medical doctor and one is a lawyer, graduated with high debt. people can see to have high income potential. but the current income is low. in mortgage that does not qualify as standard may be for this family. the problem was, the subprime loan
on the fiscal cliff, how does that affect people that are selling? guest: the capital gains tax rate will be rising to 20%. there is an exemption. the first half million dollars will not qualify as additional capital gains. for most homeowners, if we have fiscal cliff, the selling of the home, there will not be a cowboy gains taxes associated with it. -- capital gains taxes associated with. that would fall under the exemption of half a million dollars for most families. host: we have a tweet...
165
165
Dec 31, 2012
12/12
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CSPAN
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eye 165
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as soon as we get through the fiscal cliff -- the hope is we would replace the fiscal cliff with real policies that would keep us from going over it. now looks as though we're not going to be able to do anything to tackle the challenges right now. the partisan environment is getting worse and worse. that leaves us with questions about whether these guys can govern. host: front page of "the new york times." let me read a few points. "more difficult to reach a compromise." guest: that is absolutely true. i feel we're watching a game of finger-pointing and not much else. both sides are pointing fingers and shouting it is the other guy's fault. what if any other business environment worked this way instead of solving the problems and working together? the toxic environment calls into question when we of challenges or other important issues -- can the american political system step up and deal with it? the answer is not very well. we feel saddened and disappointed by our ability to rise to the challenge of fixing the problems. host: some of that is aimed at you. you come up in this column
as soon as we get through the fiscal cliff -- the hope is we would replace the fiscal cliff with real policies that would keep us from going over it. now looks as though we're not going to be able to do anything to tackle the challenges right now. the partisan environment is getting worse and worse. that leaves us with questions about whether these guys can govern. host: front page of "the new york times." let me read a few points. "more difficult to reach a compromise."...
104
104
Jan 1, 2013
01/13
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eye 104
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please join me in supporting the fiscal cliff bill today. yield back my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent toe address the house for one minute -- to address the house for one minute. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. mr. connolly: thank you, mr. speaker. we are about to have a hold your nose vote here in the house of representatives. and many of us are going to wrestle with the problem of making perfect be the enemy of the good. we do have an opportunity to stabilize taxation for 899 -- 99% of all americans. to extend appreciation and investment expansion for small businesses. to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's
please join me in supporting the fiscal cliff bill today. yield back my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent toe address the house for one minute -- to address the house for one minute. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. mr. connolly: thank you, mr. speaker. we are about to have a hold your nose vote here in...
132
132
Jan 2, 2013
01/13
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eye 132
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the fiscal cliff obviously was the main topic. here are some of those speeches from noon today. >> the people that do all the complaining about spending, the record clearly shows -- to wars that took a trillion dollars out of the american economy. unfunded tax cuts created the worst economy in 60 years as a prescription program that costs $730 billion over the next 10 years. raising the debt ceiling authorizes you to pay back the money you have already spent. republicans in this house voted for and have a moral obligation to repay that money. mr. speaker, the american economy needs to grow much more than the projected 2% for 2013. 2% growth is not enough to sustain the current level of employment. the american economy needs robust growth of 3%-4%. we need to do nation-building, not in afghanistan or iraq, but at home, here in america. i yield back the balance of my time. the gentleman from virginia is recognized for one minute. >> mr. speaker, what we know with certainty about the bill which passed the senate? we know it has bipar
the fiscal cliff obviously was the main topic. here are some of those speeches from noon today. >> the people that do all the complaining about spending, the record clearly shows -- to wars that took a trillion dollars out of the american economy. unfunded tax cuts created the worst economy in 60 years as a prescription program that costs $730 billion over the next 10 years. raising the debt ceiling authorizes you to pay back the money you have already spent. republicans in this house...
118
118
Jan 1, 2013
01/13
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eye 118
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they have not debated the fiscal cliff. we're waiting for the house to come into session potentially to look at this legislation, debate, vote, do something. that is the first thing. two, we're waiting on the house republicans to potentially hold a press conference. we are having our camera setup. the senate is live on c-span2. they are done. they have voted and they're waiting for the house potentially to do something, live coverage of the u.s. senate. you can switch over to watch them, or you can stay with us and we will try to keep you updated on what is going on, listen to what you have to say, read your tweets. in vermont, a democrat. hello. caller: i'm calling because i am a democrat. we have always had a pretty good leadership with a democratic government. for eight years, as soon as it started, president bush got us into the war's end he does the deficit snowballing. clinton got us out. what i would like to suggest is that the republicans first reduce their salaries by half. then they pay for their own transportatio
they have not debated the fiscal cliff. we're waiting for the house to come into session potentially to look at this legislation, debate, vote, do something. that is the first thing. two, we're waiting on the house republicans to potentially hold a press conference. we are having our camera setup. the senate is live on c-span2. they are done. they have voted and they're waiting for the house potentially to do something, live coverage of the u.s. senate. you can switch over to watch them, or you...